Societal Framework Efficiency: IMD World Competitiveness Ranking
The IMD World Competitiveness Yearbook assesses the efficiency of societal frameworks in different countries, considering factors such as social cohesion, inclusivity, and societal stability. The rankings provide insights into how these elements contribute to economic competitiveness.
Based on the information here are the rankings for societal framework efficiency according to the IMD World Competitiveness Ranking for different years:
In 2019, Norway secured the first place in societal framework efficiency, followed by Denmark in second place and Sweden in third place. Colombia, Brazil, and Venezuela held rankings of 61st, 62nd, and 63rd, respectively.
In 2020, Norway maintained its first-place ranking, with Finland in second place and Sweden in third place. Colombia, Brazil, and Venezuela ranked 61st, 62nd, and 63rd, respectively.
In 2021, Norway remained in the top spot, followed by Finland in second place and Denmark in third place. Venezuela, Colombia, and Brazil held rankings of 62nd, 63rd, and 64th, respectively.
In 2022, Finland claimed the first place, with Denmark in second place and Iceland in third place. Colombia, Venezuela, and Brazil ranked 61st, 62nd, and 63rd, respectively.
These rankings provide an understanding of the efficiency of societal frameworks in different countries, indicating their social cohesion, inclusivity, and stability. Higher index values signify stronger societal frameworks and their positive influence on economic competitiveness.
